INVESTOR RELATIONS CENTER

Swiss Steel Holding AG

News Detail

Ad hoc news News vom 19.05.2018

SCHMOLZ + BICKENBACH AG – termination of shareholders’ agreement
 
 
SCHMOLZ + BICKENBACH AG – termination of shareholders’ agreement
 

Lucerne, May 19, 2018 – SCHMOLZ + BICKENBACH AG, a global leader in special long steel, has today announced the termination of the shareholders' agreement between the two shareholders Renova Group and SCHMOLZ + BICKENBACH Beteiligungs GmbH. After the termination of the shareholders' agreement, the two parties remain shareholders of SCHMOLZ + BICKENBACH AG.

 

SCHMOLZ+BICKENBACH was informed by the two parties that they terminated the existing shareholders' agreement with regard to the company with immediate effect. The corresponding disclosure report shows that Liwet Holding AG and Renova Innovation Technologies Ltd. (Renova Group) together hold a total of 26.90% of the voting rights in the company. According to information available to the company, SCHMOLZ + BICKENBACH Beteiligungs GmbH holds 10.09% of the voting rights.

 

– end –

 
S+B Bedia Release SH Agreement
 
 

For further information:

 

Dr Ulrich Steiner, Vice President Corporate Communications & Investor Relations

Phone +41 (0)41 581 4120

u.steiner@schmolz-bickenbach.com

www.schmolz-bickenbach.com

 

 

 

About SCHMOLZ + BICKENBACH

The SCHMOLZ + BICKENBACH Group is today one of the world's leading providers of individual solutions in the special long steel products sector. The Group is one of the leading manufacturers of tool steel and non-corrosive long steel on the global market and one of the two largest companies in Europe for alloyed and high-alloyed constructional steel. With more than 10 000 employees and its own production and distribution companies in 30 countries on 5 continents, the company guarantees global support and supply for its customers and offers them a complete portfolio of production and sales & services around the world. Customers benefit from the company's technological expertise, consistently high product quality around the world as well as detailed knowledge of local markets.

 

 
SCHMOLZ+BICKENBACH AG, Landenbergstrasse 11, CH-6005 Lucerne, phone +41 (0)41 581 40 00, www.schmolz-bickenbach.com
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